RE: What would be a potential disappointments?9 Mar 2021 16:56
I'll hold through results because I expect an upward revision in flight hours expectations. I am, however, unsure about the Bergen and ITP aero sales. I think if they sold, it'll of course be a short term boost to the SP with more surety that RR will survive in some, if lesser, form. But ultimately holding onto them and somehow navigating its way through this crisis all the same would obviously be good for Rolls long term recovery potential. A firesale of profitable and useful assets was never ideal. If improved flight hours expectations can sure up the balance sheet enough, and obviate the need to sell, then I would also be happy to hold longer, for a higher potential recovery price.